Wednesday, April 25, 2012

Reuters: US Dollar Report: Brazil lending rises in March; defaults down

Reuters: US Dollar Report
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Brazil lending rises in March; defaults down
Apr 25th 2012, 13:34

BRASILIA, April 25 | Wed Apr 25, 2012 9:34am EDT

BRASILIA, April 25 (Reuters) - Outstanding loans in Brazil's banking system rose 1.7 percent in March from February, the central bank said on Wednesday.

Loans in arrears for 90 days or more fell to the equivalent of 5.7 percent of outstanding loans in March, compared with 5.8 percent in February.

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